管理会计(英文版)课后习题答案(高等教育)chapter15.docVIP

管理会计（高等教育出版社） 于增彪（清华大学） 改编 余绪缨（厦门大学） 审校 CHAPTER 15segmented reportingand performance evaluation Questions for writing and discussion 1. The only difference is the way in which fixed overhead costs are assigned. Under variable costing, fixed overhead is a period cost; under absorption costing, it is a product cost. 2. Absorption costing: $15; Variable costing: $10. 3. Under variable (direct) costing, all variable manufacturing costs are assigned to products, not just direct manufacturing costs. 4. Absorption-costing income is greater because some of the period’s fixed overhead is placed in inventory and not recognized on the absorption-costing income statement. 5. Here, under absorption costing, fixed overhead from prior periods is recognized in addition to the period’s fixed overhead. 6. Absorption-costing net income is $16,000 [$8(10,000 – 8,000)] higher than variable-costing net income. 7. Absorption costing. Variable costing would recognize only the period’s fixed overhead as an expense. The additional fixed overhead expense must have come from inventory. 8. Variable costing does not allow the relationship between sales and income to become distorted. 9. Variable costing does not distort product performance by allocating common fixed costs. It allows managers to identify the contributions individual segments are making toward coverage of fixed costs. 10. Variable costing allows managers to identify what the costs ought to be for various levels of activity. By knowing what the costs ought to be for the actual level of activity, meaningful comparisons can be made to the costs that actually occurred. 11. A direct fixed cost is traceable to a particular cost object. A common fixed cost is common  to several cost objects. The distinction is important because direct fixed costs will vanish if the cost object is eliminated but common fixed costs will not. 12. Contribution margin is the amount available to cover fixed expenses and provide for profit. Segment margin